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Energy Blast – Jan 20, 2012

Bloomberg reports on the next generation of U.S. nuclear power.  Transneft is heading for its highest gains since 2007, in advance of revealing its 10-year-plan later this month.  EuroChem has purchased Siberian gas producer Severneft-Urengoy for $403 million.  Production at Petrobras last year hit record volumes.  The growing interest of large oil companies in Norway is thanks to its recent discoveries in the Barents Sea.  BP may double its payout to settle all charges relating to its Gulf of Mexico spill last year – to $25 billion.